Friday, October 16, 2009

Cebu; IT Hub of The Phils


With the growing IT industry in the country, Cebu is known to be the IT hub in the Philippines. I believe that Cebu will be known as an IT hub not just in the country but in the whole world.Cebu has a balanced infrastructure development with many domestic and international transportation [options]. And it is the second largest city and fastest growing economy in the country contributing to 10 percent of national export and 30 percent to tourism sales; and has the best government support, and all of the nine universities here offer IT courses with some having tied up with BPO and call centers for skilled manpower.

Cebu produces at least 23,000 fresh (college) graduates a year. Majority of these graduates are employable in any outsourcing company may it be voice (call center) or non-voice operation such as software development, medical transcription, accounting and legal outsourcing among others.

When Cebu City decided to shift into an IT destination back in 2001 instead of focusing on being a manufacturing investment destination, the IT industry here has continuously provided jobs. It now hires over 20,000 people.

Cebu is now the home of big IT firms and outsourcing giants in the world like Wipro, IBM, Accenture. Soon other industry giants like Tata Group of India, Hewlett Packard (HP), and Flour Daniels will make their presence here.

Last year, Cebu was ranked number three as in the world’s top emerging outsourcing destinations.